LEVIS, QC, Oct. 24, 2014 /CNW Telbec/ - DEQ Systems Corp. (TSXV: DEQ) ("DEQ" or the "Company"), a leading provider of table game bonusing, jackpot and loyalty solutions, is pleased to announce that it has reached an agreement with LT Game International (Australia) Ltd. ("LT Game") for the distribution of DEQ's technology solutions throughout Asia Pacific region. Under the Agreement, LT Game will distribute the Company's G3 System and table top technology solutions through the end of 2016 as the initial term.
"Establishing a key distributor relationship in the Asia Pacific market is yet another key step in DEQ's global distribution strategy. Clearly, having LT Game as our partner in the region gives us a competitive advantage and presence that will be a cornerstone for our continued growth. Leveraging our significant installed base in Macau and Singapore will facilitate the opening of new markets and solution sets for additional business in Macau and allow us to continue our growth in Australia, the Philippines, Cambodia, Korea and Vietnam", stated Joseph E. Bertolone, President & CEO of DEQ Systems Corp.
"Partnering with DEQ allows us to broaden the scope of solution offerings to our valued and long term clients. As LT Game continues to expand throughout the Asia Pacific region, the synergies between our offerings enhances our ability to offer new and innovative solutions to our existing clients and enter new marketplaces." stated Jay Chun, Chairman of LT Game.
DEQ | Overview
DEQ Systems Corp. (TSXV: DEQ) is customer-centric delivering solutions to the global gaming industry with best-of-breed table-game technology related products which add value and increase client revenue. DEQ provides table-game-bonusing technology, table games, baccarat results tracking, and jackpot connectivity solutions to more than 300 casinos in 30 countries. DEQ also has an extensive patent portfolio of more than 20 patents recognized in 50 countries. For further information, please visit www.deq.com
TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.
Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
SOURCE: DEQ SYSTEMS CORP.
For further information: Joseph E. Bertolone, President & Chief Executive Officer, DEQ Systems Corp., p. (775) 450-0115, e. [email protected]; François Proulx, Chief Financial Officer, DEQ Systems Corp., p: (418) 839-3012, e: [email protected]